Pokémon Go - the latest phenomenon in the world of smart phone apps - has officially blended the virtual world with reality ...and the consequences of this fusion are causing quite a commotion in the insurance industry.
In less than one week, this wildly popular game already had roughly 15 million users from 27 countries around the globe. That's more users than Twitter has seen in their lifetime! So, what's the problem? Pokémon Go players aren't paying attention - to anything. As more users start joining-in on the fun, accidents are happening due to lack of awareness and direction. These aren't minor accidents either - people are walking off of cliffs, falling out of trees, getting hit by cars, the list goes on. Take these for example:
One Pennsylvania player was hit by a car while following her Pokémon map across a busy highway. The girl is now hospitalized with a broken collarbone and foot, as well as many bumps and bruises. Another incident consisted of an Alabama man wandering for augmented Pokémon outside of a vacant building. He was attacked and robbed at gunpoint. Various state police have put out press releases warning gamers to be careful where they hunt for these creatures since it encourages wandering and unawareness of surroundings.
With its growing popularity, many of us are already aware of brewpub tours and their increasing attraction. For those of you who don't know: most brew tours are held by third-party touring services, driving buses and vehicles that chauffeur visitors to various flavorful stops at popular breweries in their area.
As this attraction grows, the demand for brew tours increases... and so does the demand for public auto coverage on these touring vehicles.
"There are two types of companies: Those that have been hacked, and those that will be."
- Former FBI Director, Robert Mueller
With the growth of technology, and the insurance industry evolving in the digital age, cyber liability is plastered over every insurance publication, magazine, website, and billboard. I'm hearing a TON about cyber risks, data breach lawsuits, and news titles announcing the latest security hack, but what I'm not hearing much of is clarity around the whole subject - for the independent agent's side and/or the insured's side. It's time to simplify these commonly used cyber terms, describe coverages, and provide real world examples of data breaches.
cyber liability insurance,
Independent insurance agents know their stuff and can provide their clients with most coverage that is requested. However, from time to time they are presented with risks that are little out of the ordinary - risks that standard carriers may not be interested in providing coverage for. As an agent, when you're faced with this challenge, what is your next move? Do you turn down the opportunity to earn new business because it's not in your area of expertise, or do you willingly accept the challenge?
excess and surplus insurance,
excess and surplus lines,
excess & surplus,
e & s
You might not realize it, but as a professional truck driver, your insured faces health challenges many other people do not. Spending up to 11 hours behind a wheel each day can make it hard to stay fit. Driving in traffic can be stressful and exhausting. Healthy meal options can be hard to find. Irregular schedules, customer demands and poor sleeping conditions can make it hard to get enough quality sleep. Over time, these factors can affect their well-being, career and safety. Those are three good reasons why your insured should care about their health and make it a priority.
Transportation / Trucking,
For as long as Americans can remember, on Independence Day, fireworks are painted across the skies above rivers, parks, and rooftop bars, in local town squares, off coastlines, and in our own backyards. The Fourth of July is a day of people coming together in celebration. But, each year, casualty and injury rates increase in the 30-day period surrounding Independence Day.
When you submit an application for quoting, are you confident that you provided enough information to your underwriter? Maybe there were a few items on your application that could have been answered more thoroughly. We're here to provide you with the best possible quote, but in order to do so, we rely on you to provide us with this detailed information.
We've all heard it: the generational gap is making a huge impact on our work environments. This 'gap' is creating barriers and difficulties for upper management and human resource professionals. Well - forget what you've heard about the characteristics of generations. Instead, focus on the attributes of the individuals themselves. Challenging the workforce to come together can re-enforce effective communication and collaboration across generations to avoid the effects of the 'gap.'
With CSA scores being examined left and right there are many things your truckers can do to help clean up their scores. One of the most common violations relate to log books. Your drivers could be doing everything correct in term of hours of service but a simple incorrect abbreviation could come back to haunt them. Electronic logs can make many potential issues disappear helping your insured's improve their scores and avoid costly fines.
Electronic Logging Device
There is no doubt that every insurance carrier is looking to make sure they are completely comfortable they understand the full exposure of risk they are insuring. Two ways they can learn a lot about a risk are property inspections and reviewing renewal applications.
Property & Casualty,